f TYI
The Weavers, Company Benevolent Fund
Charity No.. 266189
Trustee's Report & Financial Statements
For the Year Ended 31 December 2025

Contents Page
General Information
Trustee's Report
Independent Auditorfs Report
Financlal Statements
Statement of Financial Activities
io
Balance Sheet
li
Cash flow statement
12
Notes to the Financial Statements
13-21

The Weavers, Company Benevolent Fund
31 December 2025
General Information
Full Name..
The Weavers, Company Benevolent Fund
Registered Number:
266189
Gi)verning Instrument:
Trust deed dated 5 lune 1973
Trustee..
Worshipful Company of Weavers
Registered Address=
Saddlers, House
Gutter Lane
London
EC2V 6BR
Telephone..
020 7606 1155
Email:
weavers@weavers.org.uk
Website..
www.weavers.or8.uk
Clerk to the Trustee..
james Gaselee
Bankers..
C Hoare & Co
37 Fleet Street
London
EC4P 4DQ
CCLA
PO Box 12892
Dunmow
CM6 9DL
Investment Advisors..
Canaccord Genuity
88 Wood Street
London
EC2V 7QR
Solicitors:
Lee Bolton Monier-williams
l The Sanctuary
London
SWIP 31T
Auditors..
Buzzacott Audit LLP
130 Wood Street
London
EC2V 6DL

The Weavers, Company Benevolent Fund
31 December 2025
Trustee's Report
This report Should be read in conjunction with the Benevolent Fund Annual Report.
Detalls of Trustee
The Worshipful Company of Weavers I'the Weaver5' CornpanVI, which is governed by the
Court of Assistants. The members of the Court at the date the accounts were signed, or who
served during the year, were as follows..
MrA.J Winterton
Mr P.M.J. Baxendell
Mr P.G. Cattermull
Mr J.R.H Bagley
Mr N.P.M. Morris
Mrs R.J. Rldley
Ms R Parnickzky (appointed 7 October 20251 Mr L.B. Tharp
H.M. King Charles111
Mr R.W. Townsend
Mr l.G.Y Radcliffe, O.B.E, Q.V.R.M, T.D
Mr C.D.R. Collinge
Mr F.J. St. l. Tibbitts
MrJ.L.C. Winterton
Mr E.C.A.Martineau
Mrs H.S. Wallace-jones
MrJ.F. Nugée
MrT.H.M. G3ddum
Mr J. Garbutt JP, High Sheriff of Greater MrD.R.D. Hopkin5
London
Mr P.J.H. Towler
Mr W.1. Makower
Mr P.C.E Morris
Mrs P.C. Ouvry-johns
Mr G Eastwood lappointed 25 July 202SI
Mr S.C Combey Iresigned 7 October 20251
Structure. governance and management
The charity is governed by a Trust Deed dated 5 lune 1973, as amended by a Charity
Commi55ioners Scheme dated 28 February 2002. At the end of 2013, other small charity f￿ndS
connected with the Weavers, Company were transferred into the Weavers, Company
Benevolent Fund without any restrictions on the use of the funds but, where appropriate, are
managed as designated funds iri recognition of the historic purposes of the smaller funds Isee
details on pages 17 and 181.
The Trustee is assisted by three committees, comprising both persons listed above and other
members of the Company, which meet two or three times a year and make recommendations
to the Trustee. These are the Charitable Grants Committee, the Primary Schools Committee
and the Textile Committee. The specific objectives of each are described in thè accompanying
Annual Report.
Members of the Court of Assistants are recruited from within the Livery of the Company. A
Selection Committee meets every year lo consider suitable members from within the Liverv
and makes recommendations lo the Trustee, They may have had previous experience on one
or more of the Compantys committees, and receive a briefing on their responsibilities, including
a link to the Charity Commission booklet CC3, The essential trustee.. what you need to know,
what you need to do,.

The Weavers, Company Benevolent Fund
31 December 2025
Trustee'5 Report Icontinuedl
Objectives and activities
The objectives and policies in each 2rea of the Benevolent Fund's three spending committees
are inclts'ded in the Annual Report which forms part of the accounts. The current guidelines
and applic3tion form for charitable grants are available on the Company's website.
Achievements and performance
The Annual Report details the achievements of these spending committees and the programme
of grants awarded during the year. It shows the impact m3de by the work and the benefits to
the recipient organisations, who are expected to provide reports on the impact of grants
received,
Public Beneflt
As noted elsewhere in this report and in the accomp3nyinE Annual Report, the objects of the
charity are for the benefit of the public, and its grants have been made in furtherance of these
objects. The Trustee has taken due account of the Charity Commission's guidance on Public
enef it when considering the activities and achievements of the ch8ritv.
Flnancial Review
Investment income in 2025 amounted to £452,742, an decrease of £7,898 on the previous
year's figure of £460,640. Voluntary income included donations from the Weavers, Company
totalling £121,093 12024: £145,051),
donation of £33,250 12024.. £S8,8001 from the
Clothworkers, Foundation to the designated Textiles Fund, legacies of £56,76712024'. E6,0001
and other donations totalling E39,29512024.. £26.1921. Within the total figure for donations,
£13,250 was a restricted donation from the Shire Oak Trust to support UK students on the new
BSC Textiles Technology Course at Leeds University12024'. £6,625).
Expenditure included grants and donations from the desiEnated funds totalling £432,453
12024.. E539,8791, donations Irom general funds Df £15,75012024,' £15,75QI, restrirtÈd fund
donations of £19,87512024- £13,250) and support costs of grant making 01 £113,43812024..
E80,7291. Support costs comprised the administration expenses referred to below, audit fees
of £10,20012024.. £9,900) and administration costs related to grant making of £27,73612024..
£4,663). In addition, an investmÈnt managefflent fee of £55,58312024.. £52.1791 was incurred.
This resulted in total expenditure of £637,09912024.. £701,787), giving rise to net income of
£66,04812024'. net expenditure of £5,104) before investment 8ain5 of £2,260,28112024.' gains
of £904,226). The net income for the year after investment gains was £2,326,329 12024..
£899,122).
A poilion of the administration expenses attributable to the charity totalling £75,50212024..
£66,166) is reimbursed to the We3vers' Company. This and other related party transactions
are shown in the notes to the accounts.
There were net assets at 31 December 2025 of £18,137,34512024.. £15,811,016). Within total
funds there were four designated funds, with a value at 31 December 2025 of £1,332,849
12024.. £1,034,380). Detai15 of these funds appear at note 8 on pages 17 and 18, with
comparatives on page 21,

The Weavers, Company Benevolent Fund
31 December 2025
Trustee's Report Icontinuedl
Investment policy and performance
The charity's investments are overseen by the Weavers, Cornpany's Investment Committee,
who, during the year, were advised by Canaccord Ger)uity. The strategy has a balanced
investment objective and a moderate risk emphasis. At 310ecember 2025 the Market Value
of investments was £17,932,12012024.' £15,736,5201.
Risk management and principal risks
The assessment of risk is err¥bodled in the management of the charity. The Weavers,
Company s Audit Committee carries out formal risk assessments of all the operations of the
charity, with a view to identifying and mitigating any risks to which the charity might be
exposed.
The principal risks are seen as being the effects of any longer-term significant reduction in
investmerlt income and the possibility of individu31 committees overspending their budgets.
The latter risk is mitigated by careful monitoring of budget allocations between committee
meetings. The Trustee does not believe that there is any material risk that the charity could
not continue as a going concern as it has sufficient reserves to cope with any short-term income
loss, such as a fall in investment income and, as future grant expenditure is discretionary,
spending can be reduced in response to any fall in income.
Reserves
The reserves policy has been established after careful consideration of the charity's likely
ongoing commitments to existing beneficiaries, the expected future trends in applications for
assistar*ce and the sources and reliability of income. At 31 December 2025 unrestricted
reserves, including designated funds, totalled £18,126,88712024.. £15,794,492). Free reserves.
being unrestricted reserves excluding designated funds were £16,794,038 12024..
£14,760,1121.
Given the charity's strong financial position, the Trustee has not specified an exact lèvel of
target reser¢es, but the policy and the level of flee reserves are reviewed 3nnually by the
Trustee. The long-term strategy of the charity is to maintain reserves represented by assets
deployed to provide a sufficient investment return to enable the charity to meet its obli83tions
to existing and new beneficiaries Dn a continuing basis. In principle reserves are managed by
investing for real growth in capital and income, subject to an overriding requirement to meet
future obligations. Whilst, in general, the expectation is that income will be fully disbursed,
capital gair7s and any inward grants and bequests are retained in reserves to offset the risk of
inFlation and to m31ntain a rising income trend.

The Weavers, Company Benevolent Fund
31 December 2025
Tru5tee'5 Report Icontlnuedl
Statement of Trustee's responsibilities
The Trustee is responsible for preparing the Trustee's Report and the financial statements in
accordance with 3pp5icable law and UK Accounting Standards Iunited Kingdom Generally
Accepted Accounting Prarticel.
The law applicable to charities in England & Wales requires the Trustee to prepare, for each
financial year, financial statements which give a true and fair view of the state of affairs of the
charity and the incoming resources and application of resources of the charity for that period.
In preparing those financial statements, the Trustee is required to-
al select suitable accounting policies and then apply them consistently,.
bl observe the methods and principles in the Charities SORP..
cl make judgements and estimates that are reasonable and prudent-
dl state whether applicable accounting standards have been followed, subject to 3ny
material departures disclosed and explained in the financial statements., and
el prepare the financial statements on a going concern basis unless it is inappropriate
to assume that the charity will continue to operate.
The Trustee is responsible for keeping proper accounting records which disclose with
reasonable accuracy at any time the financial position of the charity and to enable it to ensure
that the financial statements comply with the Charities Act 2011, the Charity IAccounts and
Reports) Regulations 2008 and the provisions of the Boverning document. The Trustee is also
responsible for safeguarding the assets of the charity and hence for taking reasonable steps for
the prevention and detection of fraud and other irregularities.
Approved by the Trustee on 3 lune 2026 and signed on its behalf
PG Cattermull
Renter Bailiff

The We3vers' Company Benevolent Fund
31 December 2025
Independent auditors, report to the Trustee of the Weavers, Benevolent Fund
Opinion
We have audited the financi21 statements of The Weaver's Company Benèvolent Fund (the
'charity'l for the year ended 31 December 2025 which comprise the statement of financial
activities, the balance sheet, the statement of cash flows, principal accounting policies 8nd the
notes to the financial statements. The financial reporting framework that has been applied in
their preparation is applicable law and United Kingdom Accounting Standards, including
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and
Republlc of Ireland, (United Kingdom Generally Accepted Accounting Practice).
In our opinion. the financial statements:
• give a true and fair view of the state of the charity's affairs 35 at 31 December 2025 and of
its incoming resources and application of resources for the year then ended,.
+ have been properly prep3red in accordance with United Kingdom Generally Accepted
Accounting Practice,. and
+ have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI11SAs IUKII
and applicable law. Our responsibilities under those standards are further described in the
auditor's responsibilities for the audit of the financial statements section of our report. We are
independent of the charity in accordance with the ethical requirements that are relevant to our
audit of the financial statement5 in the UK, including the FRUS Ethical Standard, and we have
fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtalnecl is sufficient and appropriate to provide a basi5 for our
opinion.
Conclusions relating to goin8 concern
In aurjiting the financial statements, we have concluded that the Trustee's use of the 80ing
concern basis of accounting in the preparation of the financi31 statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties
relating to events or conditions that, individually or collectively, may cast significant doubt on
the charity's ability to continue as a going concern for a period of at least twelve months from
when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustee with respect to going concern are
described in the relevant sections of this report.

The Weavers, Company Benevolent Fund
31 December 2025
Independent auditors, report to the Trustee of the Weavers, Benevolent Fund Icontinuedl
Other information
The other information comprlses the information included the Trustee's Report & Accounts
otherthan the financial statements and our auditor's report thereon. The Trustee is responsible
for the other information contained within the Trustee's Report & Accounts. Our opinion on
the financial statements does not cover the other information and we do not express any form
of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, conslder whether the other
information is materially inconslstent with the financial statements or our knowledge obtained
in the course of the audit or otherwise appears to be materially misstated. If we identify such
material inconsistencies or apparent material misstatements, we are required to determine
whether this gives rise to a material misstatement in the financial statements themselves. If,
based on the work we have performed, we conclude that there is 3 material misstatement of
this other information, we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and ils environment obtained in
the course of the audit, we have not idenliFied material misstatements in the Trustee's report.
We have nothing to report in respect of the following matters in relation to which the Charities
IAccounts and Report51 Regulations 2008 requires u5 to report to you if, in our opinion..
• the information given in the Trustee's report is inconsistent in any material respect with
the financial statements,. or
sufficient accounting records have not been kept,. or
• the financial statements are not in agreement with the accounting records,. or
we have not received all the information and explanations we require for our audit.
Responsibilities of Trustee
As explained more fully in the statement of Trustee's ¥esponsibilities, the Trustee is responsible
for the preparation of the financial statements and for being sat15fied that they give a true and
fair view, and for such internal control as the TrLlStee determines is necessary to enable the
preparation of financial statements that are free from material misstatement, whether due to
fraud or error.
In preparing the financial statements, the Trustee 15 responsible for assessing the charity's
ability to continue as a going concern, disclosing, as applicable, matters related to going
concein and using the going concern basis of accounting Ljnless the Trustee either intends to
liquidate the charity or to cease operations, or has no realistic alternative but to do so.

The Weavers, Company Benevolent Fund
31 December 2025
Independent auditor5, report to the Trustee of the Weavers, Benevolent Fund Icontinuedl
Auditorfs responsibllitle5 for the audSt of the financlal statements
We have been appointed as auditor under sectiori 144 of the Charities Act 2011 and report in
accordance with the Act and relevant regu13tions made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as
a whole are free from material misstatement, whether due to fraud or error, and to issue an
auditorfs report that includes our opinion. Reasonable assurance is a hiEh level of 35surance but
is not 3 guarantee that an audit conducted in accordance with ISAS IUKI will always detect a
material mis5t3tement when it exists.
Mi55tatemer¥tS Can arise from fraud or error and are considered material if, individually or in
the aggregate, they could reasonably be experted to influence the economic decisions of users
taken on the basis of these financial statements.
Irregularities, including fraud, 3re instances of non-compliance with13ws and regulations. We
design procedures in line with our responsibilities, outlined above, to detect materi31
misstatements in respect of irregularities, including fraud. The extent to which our procedures
are capable of detecting irregularities, includlng fraud, is detailed below..
Our approach to identifying and 3ssessing the risks of material misstatement in respect of
irregularities, including fraud and non-compliance with laws and regulations, was as follows..
we identified the laws and regulations applicable to the charity throu8h discussions
with those charged with governance and other management, and from our knowledge
and experience of the sector,.
we focused on specific laws and regulations which we considered may have a direct
material effect on the fin2ncial statements or the operations of the charity, including
the Charities Act 2011, the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 and Accountin8 and Reporting by Charities.. Slalemernt of
Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland
Icharities SORP FRS 1021,. and
we assessed the extent of compliance with the laws and regulations identified above
through making enquiries of management 3nd inspecting legal correspondence. We
corroborated our enquiries through our review of minutes of meetings of those
ch3r8ed with governance.
We assessed the susceptibility of the charity's financial statement5 to material misstatement,
including obtaining an understandinE of how fraud rnight occur, by:
making enquiries of m3na8emÈnt as to their knowledge of actual, suspected and
alleged fraud.. and
considering the internal controls in place to mitigate risks of fraud and non-compliance
with laws and regLJlations.

The Weavers, Company Benevolent Fund
31 December 2025
Independent auditors, report to the Trustee of the Weavets. Benevolent Fund Icontlnuedl
To address the risk of fraud through management bias and overridè of controls, we..
performed analytical procedures to identify any unusual or unexpected financial
relationships,.
performed substantive testing of expenditure including testing the authorisation
thereof; and
tested journal entries to identify unusu31 transactions.
Iri response to the risk of irregularities and non-compliance with laws and regulations, we
designed procedures which included, but were not limited to..
agreeing financial statement disclosures to underlyin8 supporting documentation-
reading the minutes of meetings of those charged with 8overn3nce,'
reviewing legal expenses incurred in the year,. and
enquiring of management as to actual and potential litigation and claims.
There are inherent lirnitations in our audit procedures described above. The more removed
that laws and regulations are from financial transactions, the less likely it is that we would
become aware of non-compliance. Auditing standards also limit the audit procedure s required
to identify non-complSsnce with laws and regulations to enquiry of the Trustee and other
management and the inspection of regulatory and legal correspondence, if anv.
Material misstatements that arise due to fraud can be harder to detect than those that arise
from error as they may involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of the financial statements is located
on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This
description forms part of our auditor's report.
Use of our report
This report is made solely to the charity's Trustee, as a body, in accordance with Part 4 of the
Charities (Accounts and Reportsl Regulations 2008. Our audit work has been undertaken so
that we might state to the charitvs Trustee those matters we are required to state to them in
an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not
accept or assume responsibility to anyone other than the ch3rity 2nd the charity's Trustee ès a
body, for our audit work, for this report, or for the opinions we have formed.
Buzzacott Audit LLP
Statutory Auditor
130 Wood Street
London
EC2V 60L
Date
Buzzacott Audit LLP is eligible to act as an auditor in terms of section 1212 of the Companies
Act 2006

The Weavers, Company Benevolent Fund
31 December 2025
Statement of Financial Activities for the Year Ended 31 December 2025
Notes
Restricted Unrestrirted
Funds
Funds
Total
Total
2025
2025
2025
2024
Income from..
Donations and legacie5
13,290
237.155
250,405
236,043
Investment income
559
452,183
452,742
460,640
Total income
13.809
689,338
703.147
696,683
Expenditure on:
Investtnent management fees
55,583
55,583
52,179
Charitable activities- grant making
Grants and donations
4a
19,875
448,203
468,078
568,879
Support costs of grant making
4b
113,438
113,438
80,729
Total expenditure
19,875
617,224
637,099
701,787
Net lexpenditurel/lncome before
investment galns
16.0661
72.114
66,048
15,1041
Net gains on investments
2,260,281
2.260,281
904,226
Net lexpenditurell income for the
year and net movement in funds
16.0661
2,332.395
2,326,329
899,122
Reconciliatlon of Funds
Funds brought forward
16,524
15,794,492
15,811,016 14,911,894
Funds carried forward
10,458
18,126,887
18,137,345 15,811,016
The Weavers, Company Benevolent Fund has not acquired or dlscDntinued any fundarnental
activities durin8 the above two financial years.
The notes on pages 13 to 21 form part of these financial statement5. For a full comp3rative
SOFA see note 11.
io

The Weavers, Company Benevolent Fund
31 December 2025
Balance Sheet as at 31 December 2025
Notes
2025
2025
2024
2024
Flxed Assets
Investments
17,932,120
15,736,S20
Current Asset5
Debtors
5,552
25,488
Cash at bank and in hand
228,86S
121.714
234,417
147,202
Creditors
Amounts falling due within one year
129,1921
172,7061
Net current asset5
205,225
74,496
Total assets less current liabilities
18,137,345
15,811,016
Funds
Restricted Funds
10,458
16,524
General Funds
16,794,038
14,760,112
Designated Funds
1,332,849
1,034,380
Total
18,137,345
15.811.016
The funds stated above include an excess of investment market value over cost of £7,555,34012024.. £5,571,847).
The notes on pages 13 to 21 form part of these financial statements.
Approved by the Trustee on 3 June 2026 and signed on its behalf.
PG Cattermull
Renter Bailiff
li

The Weavers, Company Benevolent Fund
31 December 2025
Cash flow ststement- for the year ended 31 December 2025
2025
2024
Cash flows from operatlng activities
Net cash used in operating activities
1410,2721
1532,7031
Cash flows from investSng activities
Investment income recew&d
452,742
460,640
Purchase of investments
11,909,428) 12,496,850)
Transfer of invÈstments from Weavers, Company
Proceeds from sale of investments
1121,(g31
1122,5511
2.083,725
2,587,249
Decrease in investment cash
11,477
65,415
Net cash provided by investing activities
517,423
493,903
Change in cash and cash equlvalents in the year
107,151
I38,8￿)
Cash and cash equivalents at the start of the year
121,714
160,514
Cash and cash equlvalents at the end of the year
228.865
121.714
ReconcllSatlon of net movements in funds to net cash provlded by operatlng activities
2025
2024
Net income for the year las per the SQFAI
2.326,329
899,122
Adjustments for..
Gains on investments
12,260,281)
1904,2261
Investment income
1452,7421
1460,6401
Decrease/lincreasel in debtors
19,936
122,7681
Decrease in creditors
143,5141
144.1911
Net cash used in operating artivities
1410,2721
1532.703)
No separate statement of changes in net debt has been prepared as there is no difference
between the movements in cash and cash eqLtivalents and movement in net cash Idebtl.
12

The WeavÈr8' Company Benevolent Fund
31 December 2025
Note5 to the accounts for the year ended 31 December 2025
I, Accounting Pollcles
1.1 Basis of preparation
The financial statements have been prepared in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS1021. The charity is a public benefit
entity for the purposes of FRS102 and therefore the charity h35 also prep2rÈd Its financial
statements in accordance with Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP FRS
1021. The financial statements also comply with the Charitie5 Act 2011 ancl regulations made
thereunder, except that the Charities Accounting and Reporting Regulations 2008 specify the
application of the 2005 Charities SORP, which has now been withdrawn. These financial
Statement5 depart from the regulations and apply the current SORP in order to maintain a true
and fair view.
The financial statements are presented in sterling and rounded to the nearest pound.
The Trustee has assessèd whether the use of the going concern basis is appropriate and has
considered possible events or conditions that might cast significant doubt on the ability of the
charity to continue as a going concern. The Trustee has made this assessment for a period of
at least one year from the date of approval of the financial statement5. In view of the level of
assets held, the Trustee has concluded that therè 15 reasonable expectation that the charity has
adequate resources to continue in operational existence for the foreseeable future. The charity
therefore continues to adopt the going concern basis in preparing its financial statements.
In the view of the Trustee, in applying the accounting policies adopted, no judgements were
required that have a significant effect on the amounts recognised in the financial statements,
nor do any estimates or assumptions made carry a significant risk of material adjustment in the
next financial year.
1.2 Recognition of assets and Ilabllltles
Assets and liabilities are initially measured at cost or transaction value. Market investment5
are re~Measured at fair value at the balance sheet date, The market bid price is taken as fair
value as the charity only holds simple financial instruments. Grant commitments which are not
legally binding are accrued as liabilities when the recipient has been informed of the grant
award.
1.3 Grants payable
Grants payable 3re èccounted for when the charity is committed to paying them and the grant
award has been communicated to the recipient. Details of all grants m3de by the charity's
three spending committees are shown by way of an appendix to the attached report.
1.4 Income
Income is recognised on an accruals basis. A donation is receivable at the point when the charity
Is entitled to the income, its receipt is probable 3nd the amount due can be quantified with
reasonable accuracy. DonatlOn5 received For specific purposes are treated as restricted funds.
Grants restricted to future accountin8 periods are deferred and recognised in those periods.
Investment income, including interest, is recognised when receivable.
13

The Weavers, Company Benevolent Fund
31 December 2025
Notes to the accounts ft)r the year ended 31 December 2025 Icontlnuedl
l. Accountlng Policies Icontlnuedl
1.5 Allocatlon of casts
All costs are allocated between functions as appropriate according to the nature of the cost.
Grants and donations are shown separately. Support costs relate to the provision of grants.
1.6 Fixed asset Investments
Investments are included in the accounts at their rnarket V31ue.
1.7 Realised and unrealised gains and losses
All realised and unrealised gains and losses are iecognised in the Statement of Financial
Activities.
2. Voluntary income- Donations & Legacies
Restrlcted Unrestricted
Funds
Funds
2025
2025
Total
Total
2025
2024
Donations
Company
Donation from the Clothworkers,
Foundation
Legacies
Don&tion from the Shire Oak Trust
(see note 81
Other donations
from the
Weavers,
121,093 121,093 145,051
33,250
56,767
33,250
56,767
58,800
6,000
13,250
13,250
6,625
26,045
26,045 19,567
237,155 250,405 236,043
13,250
In 2024, all income was unrestricted except forthe donation of £6.625 from the Shire OakTrust.
3. Investment income
Restricted Unrestricted
Funds
Funds
2025
2025
Total
Total
2025
2024
Investment portfolio income
Bank interest
449,726 449,726 456,755
2.457
3,016
3,885
452,183 452,742 460,640
559
559
In 2024, all investment income was unrestricted except for restricted bank interest of £837.
14

The Weavers, Company Benevolent Fund
31 December 2025
Note5 to the accounts for the year ended 31 December 2025 Icontinuedl
4a Charltable Activities- grant Making
Restricted Unrestricted
Funds
Funds
2025
2025
Total
Total
2025
2024
Grants made from designated funds..
Charitable Grants Fund
Textile5 Fund
Primary Schools, Fund
UKFT- Leeds Bsc Textile Course
Guildhall School of Music
Lord Mayor's Appeal
Sheriff5' & Recorder's Fund
City & Guilds
St P2uI's Catheclral Foundation
City of London Freemen's School
Centrepoint Soho IUB charity 20251
Sheriffs, & Recorder's Fund IUB Charity
20251
Save the Children IUB Charity 20251
Onwards & Upwards IUB Charity 20241
St Sepulchre IUB Charity 20241
182,423 182,423 194,224
201,610 201,610 281.455
48,420
48,420 64,200
19,875 13.250
io,Ix)o 10,000
2,000
2,000
1,000
1,000
500
500
500
500
250
250
500
19,875
10,000
2,000
1,000
500
500
250
500
500
soo
5(X)
s(x)
1,000
500
448,203 468.078 568,879
19.875
In 2024 all grants were unrestricted except for a restricted grant of £13,250 to UKFT in respect
of the Leeds, Bsc Textile Course.
Details of the grants and donations made by the Charitable Grants Fund, the Textlles Fund and
the Primary Schools Fund are included by way of an appendix to the accompanying report.
4b Charitable Artivltles-support costs of grant making
Restricted Unrestri¢ted
Funds
Funds
2025
2025
Total
Total
2025
2024
Administration expenses reimbursed to
the Weavers, Company
Alternative5
to
Custody Summit
(Charitable Grant5 Fund)
Audit fees
Other administrative costs
75,502
75,502 66,166
23,904
23,904
10,200
10.200
9.900
3,832
3,832
4,663
113,438 113,438 80,729
In 2024, all support costs were unrestricted. Governance costs comprise audit fees included in
support costs above.
15

The Weavers, Company Benevolent Fund
31 December 2025
Note5 to the accounts for the year ended 31 December 2025 Icontlnuedl
5. Flxed asset Investments
2025
2024
Quoted investments..
Market value b/f
Additior)s at cost
Transfer from Weavers, Company
Disposal proceeds
Realised gains
Unrealised gains
Market value clf
Cash awaiting investment
Totsl market value at 31 Decern￿r
15,686,883
1.909,428
121,093
12,083,725)
149,497
2,110,784
17.893,960
38,160
17,932,120
14,750,505
2,496,8SO
122,551
12,587,249)
17,158
887,068
15.686.883
49,637
15,736.520
Historic cost at 31 December
10,376.780
10,164,673
Excess over cost at 31 December
7,555,340
5,S71,847
Total funds available for investment can be summarised as follows..
Market value 31
December 2025
Market Value 31
December 2024
Equities
Alternatives
Fixed Interest
Money Market Funds
Cash awaiting investment
Total
15,906,810 88.71
1,493,180
8.33
261,308
1.46
232,662
1.30
38.160
0.20
17,932,120 100.00
13,854,274 88.04
1,049,869
6.67
782,740
4.97
49,637
0.32
15,736,520 100.
6. Debtors due withln one year
2025
2024
Gift aid receivable
Prepayments and accrued income
2.552
3,000
5,552
2,213
23.275
25,488
16

The Weavers, Company Benevolent Fund
31 December 2025
Notes to the accounts for the year ended 31 December 2025 Icontinuedl
7. Creditors due within one year
2025
2024
Rel(7tedporty creditors..
Weavers, Almshouse Charities
Grants payable
Other creditors and 3ccruals
2,134
2,000
25,058
29,192
2,703
46,100
23,903
72,706
The charity has a150 made an ongoing commitment to fLJnd 12 students on the Leeds Bsc
Textiles course. from the Textiles Designated Fund, between 2026 and 2029 at a total cost of
£46,375.
8. Summary of Fund5
Brought Transfers
forward
Income Expenditure Investment
galns
Carried
forward
2025
2025
2025
2025
2025
2025
Restricted Fund
Designated Funds
General Funds
Total funds
16,524
13,809
1,034,380
500,000 139,671
14,760,112 15QXJ,0001 549,667
15,811,016
703,147
119,8751
1458,4141
1158,8101
1637,0991
10,458
117,212
1,332,849
2,143,069 16,794,038
2,260,281 18,137,345
Restrirted Fund
During 2025, the Shire Oak Trust donated £13,25012024.. £6,625) to the charity to support UK
students on the new BSC Textile5 TechnoloEY Course at Leeds University, Grants of £19,875
were made12024.. £13,250).
Bank interest of £55912024.. £8371 was also received from
invested fLtnds.
General FLrnds
In 2025, £500,0(X) 12024.. £500,000) wa5 311ocated from total unrestricted funds to three
designated funds, the charitable Grarnts Fund. the Primary Schools Fund and the Textiles Fund.
Details of these funds are shown below.
De51
nated Funds
These comprise four funds, following the winding-up of the charities comprising the Common
Investment Fund and the separation of the Primary Schools Fund from the Millennial Fund. The
movements on each designated f.und are shown below.
17

The Weavers, Company Benevolent Fund
31 December 2025
Notes to the accounts for the year ended 31 December 2025 Icontinuedl
8. Summary of Funds (continued)
Charitable Grants Fund
Administered by the Charitable Grants Committee against an annual budget allocation12025'.
£220,000, 2024.. £220,000). Grants totalling £206,327 were awarded12024'. £194,224).
Millennial Fund
Launched in 1995 to receive donations from members of the Company with the aim of bulldlng
a significant new charitable fund by the Company's Millennium in 2130. 1 n December 2022 the
objectives of the fLJnd were widened to allow it to make exceptlonal 'one-off' charitable
donations which fall outside the Scope or budget of the other three designated funds, in order
to mark the Company's significant anniversaries.
Primary Schools Fund
Administered by the Primary Schools Committee 3gainst an annual budget allocation12025..
£60,(KX), 2024,. £60,000). Grant5 totalling £48,420 were awarded12024'. £64,2001.
Textile Fund
Administered by the Textile Committee against an annual budget allocation12025.. £220,000,
2024.. £220,0001. Grants totalling £201,610 were awarded12024.. £281,455).
Summary of designated funds
Charitable
Grants
Millennlal Prlmary
Schools
Textlle
Totsl
2025
2025
2025
2025
2025
Income
Voluntary income
Investment income
Grant allocation from ijnrestricted fund
Total Income
82,812
23,322
33,250
287
220,000
253.537
116,062
23,609
500,000
639,671
220,000
220,000
60,000
60,000
106,134
Expenditure
Grants per Annual Report
Support costs
Total expendlture
182,423
23,904
206.327
48,420
201.610
2,057
203,667
432,453
25,961
458,414
48,420
Surplus
13,673
106.134
11,580
49,870
181,257
Income balance b/f
Capital balance b/f
Investment gains
Total designated fund clf
36,827
2,212
65,428
104,467
929,913
117,212
115,298 1,332,849
929,913
117,212
1,153,259
50,500
13,792
18

The Weavers, Company Benevolent FLJnd
31 December 2025
Note5 to the accounts for the year ended 31 De￿mber 2025 Icontlnued}
9, Analy515 of net assets between funds
Restricted
Fund
Deslgnated
Funds
General
Fund
Total
2025
2025
2025
2025
Investments
Net currellt a5set511liabilitie51
Balance 31 December 2025
1,321,960 16,610,160 17,932,120
10,889
183.878
205,225
1,332,849 16,794,038 18,137.345
10,458
10.458
10. Related partles
The Weavers, Company Benevolent Fund and the Weavers, Almshouse Charities are
administered by a common Trustee. the Weavers, Company.
A portion of the administration charges paid by the Weavers, Company Benevolent Fund is
allocated by the Weavers, Company as shown in note 4b.
Donations received from Court members amounted to £6,83612024.' £4,940). There were no
other transactions with members ol the Court of Assistants comprising the Trustee body. In
some cases, these persons held other trusteeships and were, as 3 matter of policy, represented
on the governing bodies of beneficiary schools. They did not benefit personally from any grants
made and accordingly these grants are not considered to require additional disclosure.
19

The Weavers, Company Benevolent Furjd
31 December 2025
11. Comparative information for the year ended 31 December 2024
lal Statement of Financial Activltles for the Year Ended 31 December 2024
Notes
Restricted Unrestricterl
Funds
Funds
Total
2024
2024
2024
Income from..
Donations and legacies
6,625
229,418
236,043
Investment income
837
459,803
460,640
Total income
7,462
689,221
696,683
Expenditure on:
Investment m3n3gement fees
52.179
52,179
Charitable activities- Erant making
Grants and donations
13,250
555,629
568,879
Support costs of grant making
80,729
80,729
Total expenditure
13,250
688,537
701.787
Net gains on investments
904,226
904,226
Net {expenditurel/ Income for the
year
15,7881
904,910
899,122
Reconclllatlon of Funds
Funds brou8ht forward
22,312
14,889,582
14,911,894
Funds carried forward
16,524
15.794,492
15,811,016
20

The Weavers, Company eerievolent Fund
31 December 2025
11. Comparative informatlon for the year ended 31 December 2024 Icontinuedl
Ibl Summary of designated funds
Charitable
Grants
Mlllennlal Primary
Schools
Textile
Total
2024
2024
2024
2024
2024
Income
Voluntary income
Investment income
Grant allocation from unrestricted fund
Total income
25,567
24,159
58,8tx)
3(X)
220.0
279,100
84,367
24.459
500,000
608,826
220,000
220,(K)O
60,000
49,726 60.tl
Expenditure
Grants per Annual Report
Support costs
Total expendlture
194,224
64,200
281,455
1,929
283,384
539,879
1,929
541,808
194,224
64,2CKJ
SurplusllDeficitl
25,776
49,726 14,2001
14,2841
67,018
Income balance b/f
Capital balance blf
Investment gains
Total deslgnated fund c/f
11,051
6,412
69,712
87,175
832.359
47.828
65,428 1.034,380
832,359
47,828
929,913
36,827
2.212
Icl Analysls of net assets between funds
Restricted
Fund
Designated
Funds
General
Fund
Total
2024
2024
2Q24
2024
Investments
Net current assets/lliabilitiesl
Balance 31 Oecember 2025
1,049,692 14,686,828 15,736,520
115,3121
73,284
74,496
1,034,380 14,760,112 15,811,016
16,524
16,524
21

The Worshipful Company of Weavers
THE WEAVERS, COMPANY
BENEVOLENT FUND
Annual Report
for the year ending 31 st December
2025
Charity No. 266189
The Worshipful Company of Weavers
Saddlers, House
Gutter Lane,
London EC2V 6BR

This page is intentionally left blank

Summary
The income of the Weavers, Company Benevolent Fund
may be applied lo any charitable purpose. In 2025 the
following funding was provided for the three spending
cornmittees..
The Charitable Grants Committee
The Textile Committee
The Primary Schools Committee
£220,000
£220,000
£60,000
Appendices:
List of Major Grants
App1
List of Annual Awards
And Casual Grants
App2
List of Textile
Awards
App3
Summary of Primary School
Grants
App4
Annual Accounts:
This Report forms a part ofthe
Annual Accounts, which are
bound separately.

Charitsble Grants
Committee Report
Summary
The Charitable Grants Committee focuses on supporting
the rehabilitation of offenders, particularly young offenders
and other under-represented groups, both in prison and
after release and young people from disadvantaged and
SOCiO-economically challenged groups.
Structure, Governance and Management
The Trustee is assisted by a Charitable Grants Committee,
comprising both Court members and other members ofthe
Weavers, Company (the, Company'l, which meets three
times a year, and makes recommendations to the Trustee.
Objectivès and Activities
Since 2006 the aims of the Charitable Grants Commillee
have been to..
(a) Support offenders & ex-offenders (particularly those
under 30 years of age)
Ib) Help disadvantaged young people.
In October 2023 those aims were reviewed and two grant
programmes were introduced- a Main Grants
Programme arid Small Grants Programme.
The primary focus of the Committee is lo:
Support offenders into work, particularly young
offenders.
Help under-represented groups, both in prison
and after release.
The Committee's secondary focus is to..
Support young people frorn disadvantaged and
socio-economically challenged groups.
Within the above categories, clear guidelines are published
to assist those applying for grants.
Guidelines
The Company's preference is to fund smaller charilies and
those instigating bespoke projects. However, the size of
an organisation is not relevant when making an application,
but it is important for applicants lo be able to demonstrate
the impact any grant awarded would make.

Funding Levels
The Small Grants Programme has a cap of £5,000.
The Main Grants Programme is uncapped, but
applicants are advised to research typical grant sizes
previously rnade by the Benevolent Fund by looking at
previous Annual Reports on the Charity Commission
website.
Work the Committee would consider funding:
Pump priming where a grant would support a project
piloting new approaches and where the grant would
form a major element of the funding or where it would
be matched by olherfunders.
Projects where funding would be for an identified
purpose.
Overheads associated with a project, e.g. office or
secretarial support.
Core funding for new projects.
Innovative or pioneering work where a project could
inspire similar work in other areas of the country.
Emergency or deficit funding, in exceptional
circumstances, to an organisation wkiich the Cornpany
knows well or had previously supported.
Work thatfalls outside the guidelines:
Universities or colleges.
Physical, mental and developmental disabilities, and
medical research or medical conditions, including drug
and alcohol addiction.
Environmental projects.
Work in promotion of religious or political causes.
Sponsorship, marketing appeals and fundraising
aclivilies.
Endowment appeals.
Work that has been completed, or will be completed,
while the application is being considered.
Capital projects lo provide compliance with the
Disability Discrimination Act.
Granls to individuals or to causes that will bènefit only
one person, including student grants or bursaries.
We will not provide grants to granl-giving charities
Organisations working outside the UK, and overseas
expedition or travel.
Work that should be covered by slatutory funding.
Capital Gosts including building work and renovations.
Immigration legal fees or visa applications.
After school clubs and summer schools

Achievements and Perforrnance
Grant maklng actlvities
The Trustee allocated income in three ways..
Main Grants. which met the criteria and guidelines for
such grants, and which were fully investigated and
assessed-
Small Grant5, which mel the criteria, but which did
require a full assessmenl,. and
Casual donations, which fell outside the main criteria,
bul which were considered by the Trustee to merit
small donation.
During the year, the Committee continued with ils policy of
preferring one-off projects and keeping its forward
commitments to a minimum.
Applications
538 appliGations were received from throughoLrt the United
Kingdom., from these 16 applications for a Main Grant were
formally assessed and 10 awards made. A further 9 grants
were awarded for applications not subject lo formal
assessment. One further small award was granted Out of
Committee.
The Company considers applications from all regions of
the UK and prospective applicants may download both the
Guidelines and Application Form al www.weavers.o
-uk.
Applicants are strongly urged to study the guidelines
arefully before proceeding but many continue lo rely on
the lirniled information given in (often oul-datedl directories
of grant-giving trusts and consequently submit proposals
which do not meet our criteria,. a sad waste oftime and
resources.
Assessment Visits
Members of the Company were invited lo visit charities
which had applied for main grants with their reports forming
an important part of the assessment process All the
projects were of a very high standard and varied from
Gommunity-based projects to those involved with offenders
and ex-offenders, with the emphasis on the latter category.
Many memb&rs keep in touch with the projects, which
derive great b6nefit from their personal support. This close
involvement is also of great value to the Company.

Monitoring and Evaluation
The Company maintains contact with successful applicants
and monitors projects through progress reports. Some of
the work supported by the Company is also independently
evaluated., these reports and evaluations inform grant-
making policy and disseminate examples of good prscllce.
Future Policy
The Trustee regularly reviews its grant-making policy and
believes thal work Lrndertaken by charitie5 Wlth the support
of the Company is more important today than ever before.
It is known that with the right support on release, offenders
are less likely to re-offend and the rehabilitation of young
offenders, particularly, continues to be an important area
where that support is required. Gaining skills that help
offenders find work gives them a positive advantage. There
are increasingly under-represented groups within the
criminal justice sector requiring help and still a need for
early intetvention projects to support young, disadvantaged
people and to steer them away from involvement in crime.
Young people face increasing challenges as they grow up
in a fast-moving, complex and rnulli-ethnic, mulli-cullural
society. Drug and alcohol abuse remain at alarming levels
and an ever-increasing number of young people, even
those below the age of 10, face an increased risk of
exploitation and involvement with gangs and knife crime.
Modern technology, mass production and 50Gial media
rnean young people have much higher expectations than in
the past and there is intense peer pressure lo acquire what
are seen as the Signs of success, particularly on those who
are under-achiÉvÉrs, suffering low self-esteem.
Against this background, the Trustee acknowledges the
continuing and increasing value of the work being carried
out by the Charitable Grants Committee.
Charitable grants and donations totalling £144,923 were
made in 2025. These are listed in Appendices 1 and 2.
Alternatives to Custody Project
In January 2025, the Company, workin9 Wlth Clinks,
convened a national summit of more than 300
professionals from across the women's justice sector and
launched a funded competition to design a s¢alable
intervention.

Alternatlves to Custody Project, Conl
The selected consortium- comprising the Centre for
Justice Reform {CJR), The Daddyless Daughters Project
CIC, Advance, Birlh Companions, Anawim, One Small
Thing and Together Women - is co-designing the
programme with input from practitioners and women with
lived experience, with implemenlalion planned for 2026127
and independent evaluation by 2029,
The project is developing a scalable. evidence-based
intervention for young women aged 14-25 who are al risk
of entering or becoming entrenched in the criminal justice
System, recognising that female custody is often short-
term, highly disruptive and disproportionately harmful, with
significant intergenerational consequences., the NEST
(Nurture, Empower, Support, Thrive) Programme will
demonstrate that earlier, relational, community-based
support can reduce the use of custody and improve life
outcomes at a lower overall cost.
The following costs were paid by the Charitable Grants
Cornmillee..
Grant to Advance Charity
Grant to Clinks for consultancy support
Contribution towards the summit,
Total cost
£22,500
£15,000
£23,904
£61,404
'the summit was also part fLtnded by the Weavers,
Company.

Textile Committee
Report
Summary
The Weavers, Company seeks to build on almost nine
hundred years of involvement in the craft and manufacture
of textiles, especially weaving. The primary aim is to
encourage excellence in all spheres of the United Kingdom
woven textile industry by identifying, supporting and
nurturing exceptional students training for, and young talent
working within, the industry. supporting centres of
excellence in textile education,. and by reGognising and
working with those who have made the most significant
contribution to the industry.
Structure, Governance and Management
The Trustee is assisted by a Textile Committee, comprising
both Court members and other members of the Company,
which meets twi￿ a year, and makes recommendations to
the Trustee.
Objectives and Activities
The Textile Committee meets regularly to select recipients
of scholarships, to assist textile educational establishments
in providing the training necessary to properly equip
students to work in the modern textile Industry and to make
awards to people in industry.
Achievements and Perfomiance
The scope of the support given continues to grow.
From 26 applications received 4 Scholarship Awards for
Excellence and 9 Comrnendations were granted.
Bursary support was provided for final year students in
need, as well as funding for equipment to the Company's
group of 5 supported core colleges.
The Committee also provided 10 placemenls O'ointly
funded by the Clolhworkers, Company) within the textile
industry for students recently graduating with a textile-
related degree.
With the Textile Livery Group, the Comrnittee helped fund
a number of inilialives. including UKFT-led schernes, a
Sustainability Conference and the development of a new
undergraduate Bsc Textiles Technology course at Leeds
University.
Visits are made to the supported textile establishments to
rnonitor the grants that have been Made and lo assess the
need for future financial assistance. Efforts are also made
lo maintain contact with individuals that have received
awards and scholarships.
Textile grants and awards lotalllng £201,610 were made in
2025. A summary is at Appendix 3.

Primary Schools
Committee Report
Summary
The Primary Schools Committee supports three London
primary schools situated in Lambeth, Southwark and Tower
Hamlets. In addition to the financial support, these schools
also receive a range of practical assistance from individual
Liverymen.
Structure, Governance and Management
The Trustee is assisted by a Primary Schools Committee,
comprising both Court members and other members ofthe
Company, which meets three times a year, and makes
recommendations to the Trustee.
Objectives and Actlvities
The overarching objective of the Committee is to provide
help in areas of social deprivation and family breakdown,
and this is achieved through ils work with Primary Schools.
Within London this work centres on Grange School in
Bermondsey, Chisenhale School in Tower Hamlets and St.
Andrew's Church of England School in Stockwell.
Achlevements and Performance
Each School has a Liveryman on the Board of Governors
and grants are awarded annually to assist the schools in
funding projects that are not supported by public funds.
The Primary Schools Committee maintains regular contact
with the supported Schools.
Grants totalling £48,420 were made to Primary Schools in
2025. A list is at Appendix 4.
Paul Cattermull
Renter Bailiff
June, 2026
10

Appendix 1
CHARITABLE GRANTS
Maln Grants Programme
Charlty
Grant £
3Plllars Project
3Pillars support young men in prison to prepare them
for release. An award was granted to further develop
the programme and to enable delivery of support
through-the-gate and into the community.
10,000
A Fairer Chance
A Fairer Chance puts employment al the centre of
their work and an award was agreed for the Women's
Work Project that particularly supported women with
convictions, including those still in Gustody, with both
work during ROTL and through-lhe-gate support.
20,000
Bendrigg Trust
Bendrigg offered offenders nearing the end of their
sentence or on probation the opportunity to attend
placemenls at a residential ¢entre in Cumbria to
develop practical skills and complete qualifications,
enhancing their chances of seGuring training or
employment on leaving prison.
5,000
Clink Charity
(The)
The Clink Training Café provided young people with
vocational training in hospitality with beneficiaries
gaining qualifications whilst training in a real, public
café setting.
5,000
Fine Cell Work
Fine Cell Work's Open Gates Project supported ex-
offenders working post release in a social enterprise
to gain accredited qualifications, hone their skills and
have access to bursaries to support further training
and self-employment.
5,000
Only A Pavement An award was granted for the Custodial Servi￿8
Away
Project that provided outreach support directly into
prisons, highlighted job opportunities within the
hospitality sector, delivered workshops and
employability sessions to build skills and experience,
and that supported beneficiaries into work on release.
15,000
Smash Youth
Project
Smash Youth's 'Solid Ground, project provided
training and employment opportunities offering hands-
on barista training. customer service skills, and
business management opportunities.
5,000
Think Forward
Pump-priming funded was awarded for a project that
researched and addressed the problems faced by
young people at Feltham YOI as they transitioned to
mainstream education, training and ernployment and
to develop a blLteprint to better support the system
currently in place.
16,000
11

CHARITABLE GRANTS
Main Grants Programme I Cont
Charity
Grant £
Taymara
Taymara's Sea Change Programme offered offenders
close to release the opportunity lo engage in maritime
training and lo gain internationally recognised
qualifications, with a mix of praclical and academic
training provided for up to 50 beneficiaries from HMP
Castle Hunlly
13,083
Unlock
Pump-priming funding was awarded to support a pilot
project to trial a new approach by amplifying the
voices of People Convicted of Sexual Offences
(PCOSOS) who have successfully rebuilt their lives
and reinlegraled into society. Advice and inspiring
stories would be Gombined to deliver in-prison training
and lo provide tailored information packs for different
audienc6S.
14.480
MAIN GRANTS PROGRAMME, 2025
£107,563
12

CHARITABLE GRANTS
Small Grants Programme l Out of Committeo
Charity
Grant£
Eat Club
Eat Club worked to address the health and wellbeing
of students and provided a Young Chef intervention
course where a professional chef engaged with at-risk
young people teaching cooking skills.
2,000
Human Rights
Solidarity
Human Rights Solidarity delivered a workshop and
mentoring programme to young immigrants to improve
skills and aid integration into society.
2,000
New Ground
The Employment Pathway Project delivered by New
Foundation (The} Ground provided coffee and barista training to
prisoners at HMP Spring Hill and aimed to secure
work placements in the coffee industry post-release.
5,000
Rhubarb Fami
Rhubarb Farm delivered a 12-week horticultural work
placement programme for ex-offenders where
participants developed skills and knowledge and
improved their wellbeing,
2,000
Communities
Welfare Network
An award was granted lo Communities Welfare
Network to support ex-offenders through employment
skills training and volunteering activi118S.
4,500
No Going Back
Foundation
NGB provides an employment support programme for
offenders. Funding was awarded for'Kangaroo'_
screening tool developed to assess a participant's
suitability for the programme.
5,000
Purple Shoots
Purple Shoots provided support to offenders to enable
Business Londing them lo start and run small businesses. Funding was
awarded for delivery of a bespoke programme 'Why
not start a business" course regularly in two prisons.
5,000
Stratford Literary SLF worked with published children's authors to
Festival
deliver workshops in prisons teaching prisoners how
to write a bedtime story for their children and so
building and reinforcing familial bonds.
4,160
Next Chapter
Scotland
Next Chapter delivers personalised email and phone
support for people in Scotland with a conviction for
sexual offenGe.
2,500
Sheriffs, &
Recorders, Fund
Sponsorship of a vignette at 'Justicel Trial & Error, to
be presented at the Old Bailey, March 2026.
250
SMALL GRANTS PROGRAMME, 2025
£32,410
13

CHARITABLE GRANTS
Appendix 2
Casual Donations
Charity
Grant £
Alabare
500
ARCH
500
Barton Seagrave Cricket Club
Chichester Cathedral
300
500
HAC
300
Haslingfield United Charities
James Humphrey, Dulwich College
Mansion House Scholarship Scheme
Queen Mother's Clothing Guild
Snow Drop Trust
st Saviour's CofE Primary School
Survival International
500
300
300
500
500
500
250
CASUAL DONATIONS, 2025
£4,950
SUMMARY Charitable Grant Donations
Main Grants Programme
Small Grants Programme
Casual Donations
Alternatives to Custody grants
107,583
32,410
4,950
37,500
TOTAL GRANTS AND DONATIONS, 2025
£182,423
14

Appendix 3
SUMMARY OF TEXTILE AWARDS
The Weaver5' Company Silver Medal
The Company's Silver Medal is awarded in recognilion of an individual's Gontribution to the
weaving industry in the field of technology, management, education, or the craft of weaving.
In 2025 it was awarded to Mr Lance Mitchell in recognition of his outstanding contribution to
the Woven Textiles Industry.
Awards to Educational Establishments
The principal aim of the Weavers, Company is to uphold and enhance its traditions, its
fellowship and its assets, allowing them to benefit the weaving and textile industry, the chosen
objectives of the Company's charities, and future generations of the Company.
In 2007 it was agreed that a small number of colleges offering texlile-related degree courses
be identified as centres of ex￿[lence to which the Company's grant giving would be directed.
Membership of that group is regularly reviewed and currently comprises De Montfort
University, Falmouth University, Glasgow School of Art, Manchester School of Art and
Nottingham Trent University.
Each of those colleges received support for studonls with a small grant being allocated for
them to distribute as bursaries to undergraduates in their final year of study on a textile-related
degree courses. The same colleges were also invited to apply for funding to upgrade or renew
existing equipment.
A wider number of educational establishments offering textile-rèlated degree courses were
invited to submit two applications from their cohort of final year students for them to be
considered for a Scholarship Award for Excellence. The company received 26 applications
and awarded 4 Scholarships and 9 Commendations.
Scholarships & Bursaries
Scholarships and bursaries totalling £43.000 were awarded to students al..
College
Scholarshlp I
Commendatlon
Bursary
De Montfort University
Falmouth University
Glasgow SGhool ofArt
Manchester School of Art
Nottingham Trent Univetsity
Central Saint Martin's
Heriol-walt University
University of Brighton
University of Huddersfield
£500
£2,500
£3,000
£6,000
£3,500
£4,000
£5,000
£500
£500
£3,000
£3,500
£3,500
£2,500
£5,000
Total:
£25,500
£17.500
The Company's top scholarship is the Stuart Hollander Scholarship that commemorates the
life and work of Stuart Hollander CBE, a member of Ihe Livery, who played a significant part in
the UK textile industry. In 2025, the Stuart Hollander Scholarship wa5 awarded to
P4legan Beattie from Heriot-watt University.
15

Support for Education Awards: The Support for Education Award helps weaving
departments to upgrade or renew existing equipment, purchase new equipment, or enable
their students to gain experi&nce of modem technology, and visit rnills and factories. In
addition lo capital projects, Support for Education Awards also provide assistance with work
experien￿ placements, the purchase of yarns and projects linked to industry which help
students prepare for employment.
In the academic year, 2025126 awards lotalling £16,570 were made.
De Montfort University.. No award
Falmouth Universlty.. £4,809
Mill visits & New Designers
TC2 Warp
Misc. Weaving Equipment
Glasgow School of Art.. £4,304
Residential slay al Dijrnfries House- Future Textiles Vvool Revolution Programme
Manchester School of Art.. £2,000
Yarn & Fibre Library
Nottingham Tront Unlversity- £5,457
Jacquard Vvarp
Poinlcarre Licence & Dongle
Mill trip, weave studio visits and yarn
Industrial Placements
This is the 17 year the Weavers, Company has used its industrial contacts to identify textile
companies wishing to take on new or recent graduates for a trial period of six months. The
Company awards a grant of up lo £7,000 as a contribulion to salary costs, with the balance
paid by the employing company. For the 14th year The Clothworkors, Company very kindly
agreed lo Match our funding. which enabled us to place 10 students.
In 2025 ten placements were awarded tolalling £66,500
Harriet Paulat-Brigg, Holland & Sherry
Eilidh Naismith, Holland & Sherry
Katie Monteith, Moun7e Weavers
Fiona Purdon, Mhairi Textiles
Chilhma Tennekoon, Stephen Walters
Rebecca Welsh, Johnstons of Elgin
Lucy Horner, MacnaughtoKp Holdings
Emily Slack, Carl Stuart 8ospoke Tailors
Amber Fry, Margo Selby
Emily Criddle, Heathcoat Fabrics
16

other Awards
Making in in Textiles. In conjunction with the Clothworkers. Company, Drapers,
Company, Campaign for Wool, and the Woolmens, Company, the Weavers, Company
sponsored a conference in Bradford for final year graduations studying a texlile-related
degree. The cost to the Company was £9,786
Rosa Perks (Jacquard Weaving Conference).. £654
New Designers: £3,100
UKFT: Young Textile Technicians Training Fund (YrrTF): £5,000
Sustainability Conference.. £5,000
UKFT Futures Website.. £5,000
Weavers/UKFT Bursary Scheme.. £10,000
Tox+: £10,000
Leeds University, Bsc Textile Innovation & Sustainability Course: £26,500
Fashion & Textiles Children's Trust: £500
SUMMARY Textlle Grants & Donations
Scholarship & Bursaries
Support for Education Awards
Industrial Placements
Other Awards
43,000
16,570
66,500
75,540
TOTAL TEXTILE GRANTS, 2025
£201,610
17

PRIMARY SCHOOL GRANTS
Appendlx 4
School
Grant£
Grange Primary School {Southwarkl
Sensory Cabin and Garden Project (£19,500)
Head Teacher Coaching (£500, less £780 underspent in 2023)
Weavers, Award (£1,000)
End of Term Party1£400)
£20,620
Chisenhale Primary School ITower Hamlelsl
Early Years, Unit Refurbishment (£15,000)
Spacerighl Folding Table Seating (£5,000)
Weavers, Award1£1,000)
End of Term Party (£400)
£21,400
SL Andrews Church of England Primary School Istockwell)
Smartboards & Whiteboards (£5,000)
Weavers, Award (£1,000)
End of Term Party (£4001
£6,400
TOTAL PRIMARY SCHOOL GRANTS, 2025
£48,420
18